Fifth Third Bank Introduces Mobile Check Deposit Service

Fifth Third Bank Introduces Mobile Check Deposit Service
Business Wire
CINCINNATI -- February 7, 2013
Fifth Third Bank today announced the introduction of mobile deposit
functionality for iPhone and Android users. This service is now available in
all Fifth Third Bank markets.
“The ways in which consumers interact with their bank are constantly
evolving,” said Larry McClanahan, vice president and director of Digital
Delivery for Fifth Third Bank. “We continue to see customers choose channels
such as mobile to manage their finances. The enhancements we’ve made since
introducing mobile banking four years ago – including the introduction of
mobile deposit – reflect this shift in consumer preference and expectations.”
To use the mobile deposit service, customers will need to update or download
the Fifth Third Mobile Banking app. Customers will then choose the “Deposit
Check” icon, take a photo of the front and back of the check, choose the
account to deposit the check and confirm the amount. A confirmation will
display once the item is accepted. Customers may deposit as late as 8 p.m.
Eastern time to process the check the same day.
Fifth Third launched mobile banking in 2009 and now offers customers the
ability to view account balances and transaction history, pay bills, transfer
money between Fifth Third Bank accounts, locate the nearest Fifth Third
Banking Center or ATM and make check deposits.
For additional information visit www.53.com/mobilebanking.
Fifth Third Bancorp is a diversified financial services company headquartered
in Cincinnati, Ohio. The Company has $122 billion in assets and operates 18
affiliates with 1,324 full-service Banking Centers, including 106 Bank Mart®
locations open seven days a week inside select grocery stores and 2,413 ATMs
in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West
Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third
operates four main businesses: Commercial Banking, Branch Banking, Consumer
Lending, and Investment Advisors. Fifth Third also has a 33% interest in
Vantiv Holding, LLC. Fifth Third is among the largest money managers in the
Midwest and, as of December 31, 2012, had $308 billion in assets under care,
of which it managed $27 billion for individuals, corporations and
not-for-profit organizations. Investor information and press releases can be
viewed at www.53.com. Fifth Third's common stock is traded on the NASDAQ®
National Global Select Market under the symbol "FITB." Fifth Third Bank.
Member FDIC.
Mobile Internet data charges may apply, as well as text message charges.
Please contact your mobile service provider for details. $50 minimum deposit
to open a new checking account.
Contact:
Fifth Third Bank
Stephanie Honan, APR, 513-534-6957